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If a Sociologist Is Trying to Determine Why Poverty Rates

question 26

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If a sociologist is trying to determine why poverty rates are higher in the inner city,he or she might look at the lack of jobs in the area.If a psychologist is looking at the same thing,he or she may look more at levels of depression in the residents of an inner city.This difference is often called:


Definitions:

Mean-Variance Criterion

The mean-variance criterion is a method for selecting investments that balance expected return against portfolio variance or risk.

Expected Return

The forecasted profit or loss from an investment over a specific period, often based on historical data or statistical models.

Standard Deviation

A measure of the dispersion or variability of a set of data points from their mean, used in finance to estimate the risk of an investment.

Expected Rate of Return

The anticipated return on an investment, calculated as an average probability-weighted return of possible outcomes.

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